Post Utme Greenfield University 2018 Commerce Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2018 Commerce Objective / Multiple Choice
Question 2 POST_UTME_GREENFIELD_UNIVERSITY • 2018 • COMMERCE • objective

A company's sole trader has a turnover of ₦1,500,000 and a profit of ₦250,000. What is the sole trader's profit margin?

Answer Options

Correct Answer A. 16.67%
B. 20%
C. 25%
D. 30%
Correct Answer
A
Correct Option:
16.67%

About This Question

This is Post Utme Greenfield University 2018 Commerce Question 2. It is one of the objective questions from the 2018 Post Utme Greenfield University Commerce examination.

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